Hoth Therapeutics Stock Technical Analysis

HOTH -  USA Stock  

USD 0.78  0.04  5.41%

As of the 7th of December, Hoth Therapeutics retains the market risk adjusted performance of (10.61), and Risk Adjusted Performance of (0.27). Hoth Therapeutics technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Hoth Therapeutics, which can be compared to its competitors. Please check out Hoth Therapeutics information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Hoth Therapeutics is priced fairly, providing market reflects its last-minute price of 0.78 per share. As Hoth Therapeutics is a penny stock we also advise to confirm its total risk alpha numbers.

Hoth Therapeutics Technical Analysis 

 
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Hoth Therapeutics Analyst Consensus

Target PriceAdvice# of Analysts
10.0Strong Buy1Odds
Hoth Therapeutics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hoth Therapeutics analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hoth Therapeutics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hoth Therapeutics, talking to its executives and customers, or listening to Hoth Therapeutics conference calls.
Hoth Therapeutics Analyst Advice Details
Hoth Therapeutics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hoth Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hoth Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hoth Therapeutics Technical Analysis

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The output start index for this execution was sixty with a total number of output elements of one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hoth Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Hoth Therapeutics Trend Analysis

Use this graph to draw trend lines for Hoth Therapeutics. You can use it to identify possible trend reversals for Hoth Therapeutics as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hoth Therapeutics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hoth Therapeutics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hoth Therapeutics applied against its price change over selected period. The best fit line has a slop of   -0.0079  , which may suggest that Hoth Therapeutics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.34, which is the sum of squared deviations for the predicted Hoth Therapeutics price change compared to its average price change.

About Hoth Therapeutics Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hoth Therapeutics on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hoth Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hoth Therapeutics stock first instead of the macroeconomic environment surrounding Hoth Therapeutics. By analyzing Hoth Therapeutics's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hoth Therapeutics's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hoth Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2019 2020 2021 (projected)
Current Ratio1.445.9915.3212.45
Book Value per Share0.0310.260.380.32

Hoth Therapeutics December 7, 2021 Technical Indicators

Most technical analysis of Hoth Therapeutics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hoth Therapeutics from various momentum indicators to cycle indicators. When you analyze Hoth Therapeutics charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hoth Therapeutics December 7, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hoth Therapeutics stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Risk vs Return Analysis. Note that the Hoth Therapeutics information on this page should be used as a complementary analysis to other Hoth Therapeutics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Hoth Therapeutics Stock analysis

When running Hoth Therapeutics price analysis, check to measure Hoth Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hoth Therapeutics is operating at the current time. Most of Hoth Therapeutics' value examination focuses on studying past and present price action to predict the probability of Hoth Therapeutics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hoth Therapeutics' price. Additionally, you may evaluate how the addition of Hoth Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Hoth Therapeutics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hoth Therapeutics. If investors know Hoth Therapeutics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hoth Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hoth Therapeutics is measured differently than its book value, which is the value of Hoth Therapeutics that is recorded on the company's balance sheet. Investors also form their own opinion of Hoth Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Hoth Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hoth Therapeutics' market value can be influenced by many factors that don't directly affect Hoth Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hoth Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine Hoth Therapeutics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoth Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.